Caterpillar retail sales drop 12% in first three months of the year
Results mark the 41 straight month of retail sales declines.
Latest Stories
South African miners to pay 67% of acid drainage clean-up costs
The government will pay for two-thirds of the cost by collecting money from mining companies through a new environmental levy.
Ivanhoe Mines condemns promotion of false and dishonest claims by Mining Watch Canada
The Canadian miner strongly refutes accusations of human rights abuses and illegal operations at its South African project made by the NGO.
Bokan mine development slowed as rare earth prices dip
Development of the Bokan Mountain rare earth mine is on hold as the company leading the project focuses on a new processing technology and waits for rare earth metal prices to rebound.
One in five rare earth companies want out
A new survey of the rare earth industry outside China shows many producers and processors are responding to weak prices by exiting the market.
Silver Standard acquires Claude Resources in $337 million deal
With the deal, Saskatchewan loses its only home-grown gold miner.
Australia’s miners ‘missing in action’ in Colombia
Australia’s resource houses are “missing in action” in Latin America’s third largest economic powerhouse – Colombia – and should move post haste to rapidly lift their engagement with the mineral rich province.
South Africa chamber of mines says half of members in the red
Group represents the country's largest mining companies, including AngloGold Ashanti, Sibanye Gold and Impala Platinum Holdings.
Australia’s Crusader in financing talks to build new gold mine in Brazil
The Juruena mine, in central Brazil, is estimated to hold an initial resource of 178,800 ounces of gold.
